timi

Well-known investor Duan Yongping recently expressed his continued optimism about Pop Mart's future overseas growth potential during discussions with investors. He believes that Pop Mart has high requirements for store location selection, and since quality commercial location resources are scarce, the construction of a global store network will take a long time. With the advancement of the internationalization strategy, the company still has significant store expansion space in overseas markets over the next 5 to 10 years.Recently, Duan Yongping's increased stake in Pop Mart through H&H International Investment has attracted market attention. Public information shows that on May 25, he purchased approximately 9.8232 million shares at about HKD 150 per share, raising his shareholding ratio to 5.69%, making him the company's second-largest shareholder, with a holding market value exceeding HKD 11.7 billion.Driven by market sentiment, Pop Mart's stock price has continued to strengthen recently. Data shows that the company's stock price rose by 8.98% yesterday, and based on the size of his holdings, Duan Yongping's paper profit for the day was nearly HKD 1 billion.It is noteworthy that Duan Yongping's investment attitude towards Pop Mart has undergone a significant change. He had previously publicly stated that he "did not understand" the related business, but as the company's business model gradually matures, he has begun to significantly increase his holdings and is optimistic about the company's long-term development.After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart's founder Wang Ning, believing that he has reached a very high level in understanding products and grasping user needs, and stated that he has become a supporter of Wang Ning. He also pointed out that Pop Mart has validated the sustainability of its business model and established strong competitive barriers, possessing long-term investment value.Public information shows that Duan Yongping has further increased his allocation ratio to Pop Mart this year and adjusted some of his holdings in traditional energy sectors to this company, expressing his optimism about its long-term growth prospects.

Ethereum co-founder Vitalik Buterin recommended the Interfold project, stating, "More people should learn about Interfold, which is a general implementation of the MACI (Minimal Anti-Collusion Infrastructure) concept that I have been advocating for nearly a decade. This project is essentially a privacy protocol optimized for scenarios such as voting and secret auctions, allowing more people to pay attention to and understand this technological advancement."Vitalik also mentioned that the core mechanisms of Interfold include generating threshold encryption keys, users submitting votes on-chain with ZKP (Zero-Knowledge Proof) credentials, and threshold decryption after arbitrary computation in Fully Homomorphic Encryption (FHE), which can achieve unconditional voter anonymity, Ethereum-level censorship resistance, and ZK over FHE ensuring result correctness, among other strong security guarantees. The current main limitation is the high cost of complex computations (such as multiplication), with only addition-based voting being mature, and optimizations like slashing-based approaches are being advanced, with a long-term goal of implementing obfuscation techniques to eliminate M-of-N committee dependency.

Bankless founder David Hoffman explained his reasons for liquidating his ETH holdings in a post on X.Hoffman wrote: "I remain extremely optimistic about the Ethereum network and the entire ecosystem ------ Ethereum's architectural design exists to maximize the success probability of its applications, L2, and ecosystem. The 'fat-app' theory means that applications on Ethereum can capture the vast majority of transaction fee revenue; while the 'Rollup-centric' roadmap means that L2 can achieve profit margins of up to 97%.However, for the asset ETH itself, I find it increasingly difficult to see it being repriced by the market on a structural level ------ whether upwards or downwards. Therefore, my selling of ETH is not because I am bearish on ETH, but because I believe the narrative of 'ETH is Money' has essentially played out. I hope to allocate my funds to other opportunities in the market that I see."

According to official news from Optimism, the OP mainnet has adjusted its transaction sorting rules for the first time starting today. For many years, the sorter only used the "highest priority Gas fee first" mechanism, and now a new priority sorting option based on staking has been added.This experiment will last for four weeks (until June 23) and was approved by the Optimism governance body earlier this month, allowing users to participate voluntarily. The participation condition is to stake no less than 100,000 OP to the PolicyEngine Staking contract.The experiment will be conducted in two phases: the first phase (Week 1) will use FIFO (first in, first out) sorting, and exceeding the minimum staking amount will not affect priority; the second phase (Weeks 2-4) will change to a priority Gas multiplier mechanism weighted by staking duration, where the longer the staking time, the higher the priority.The transaction sorting rules for users who do not participate in the experiment will remain unchanged, and the PGA mechanism will continue to operate as usual.

According to official news, Gate Launchpool's 363rd phase Citrea (CTR) event upgrades the stablecoin yield structure, allowing GUSD to enjoy a 3% annualized yield from minting as well as dual rewards from Launchpool mining. GUSD is backed by highly liquid assets such as government bonds, which enhances the safety of funds and the sustainability of returns while providing robust returns.Gate will launch Citrea (CTR) spot trading on May 26 at 21:00 (UTC+8) and will simultaneously launch CTR on the swap platform at 22:00. Meanwhile, the Launchpool's 363rd phase Citrea (CTR) event will open from May 26 at 21:00 to June 16 at 21:00 (UTC+8).Users can participate in mining by staking BTC, GUSD, and CTR to share a reward of 16,000,000 CTR tokens, with airdrops automatically distributed hourly. This upgrade further improves the Launchpool yield structure, enhancing asset allocation efficiency while providing users with a more robust and diversified yield experience.

Ark Invest founder Cathie Wood shared her price predictions for Bitcoin over the next 5 years, with a base case target price of $750,000 and an optimistic case target price of $1,250,000. Cathie Wood stated that the key factors driving Bitcoin's rise include the gold substitution effect, Bitcoin's properties as an "insurance asset," and ongoing institutional adoption.

According to the latest data from the Gate platform, the total staking volume of ETH on Gate has risen to 187,162.56 ETH (approximately 394 million USDT), setting a new historical high. The annualized yield for ETH staking is 4.16%, and users staking ETH can receive an equivalent amount of GTETH assets, achieving asset appreciation. Meanwhile, the staking scale of SOL has also reached a new high, totaling 580,400 coins.This service supports instant redemption, releasing liquidity and obtaining stable returns. In addition to ETH, the platform also offers multi-currency staking options. As of the time of writing, the reference annualized yields are: GUSD 100%, BTC 2.67%, SOL 8.50%.

Aptos tweeted that it has passed and executed three tokenomics proposals. These include the implementation of a hard cap supply limit of 2.1 billion tokens; staking rewards reduced from 5.19% to 2.6%; and Gas fees increased tenfold.

According to Jinshi News, UBS Global Wealth Management has raised its year-end target for the S&P 500 index to 7,900 points, while Morgan Stanley has raised it to 8,000 points. UBS believes that despite the negative impact of the Middle East conflict, the U.S. stock market still shows resilience and is expected to rise another 6% in the second half of the year. Morgan Stanley expects the S&P 500 index to reach 8,300 points in the next 12 months, mainly benefiting from a year-on-year profit growth of about 27% in the first quarter.

Tom Lee, the chairman of BitMine, Ethereum's largest treasury, stated that Ethereum has a strong group of leaders and developers who can ensure it continues to be the future settlement layer for finance and AI.Currently, much of the bearish sentiment is just despair and mutual blame at the bottom of the crypto winter. Blockchain is the only viable way for agentic AI to conduct business interactions while significantly improving the profitability of the financial system. I will continue to be optimistic about ETH.

The DeFi lending protocol Alchemix announced the completion of its cross-chain infrastructure update. The old alUSD / alETH cross-chain bridge on Optimism and Arbitrum has officially been taken offline and replaced with a new cross-chain bridge compatible with v3 alchemist.Alchemix disclosed that it has synchronized the DVN (cross-chain transaction validation) configuration, maintaining a 2/3 multi-signature confirmation mechanism for cross-chain transactions, while introducing Deutsche Telekom as a validation service provider to enhance the reliability of the cross-chain validation infrastructure.

According to Jinshi reports, Federal Reserve's Goolsbee stated that he is optimistic about a significant decrease in interest rates, but progress needs to be made on inflation.

In April, the CPI in the United States increased by 3.8% year-on-year, reaching a new high since May 2023, exceeding the market expectation of 3.7%. Previously, on May 8, Bank of America economists stated in a report to clients that due to inflationary pressures remaining above expectations and robust job growth, they have abandoned their earlier predictions of rate cuts in September and October this year, postponing the first rate cut to the second half of 2027.The previous view was based on the expectation that Trump would nominate Kevin Warsh to replace Powell as the chairman of the Federal Reserve, leading to a more accommodative policy. However, with changes in the economic situation, this view has shifted. The report mentioned, "We no longer expect the Federal Reserve to cut rates this year." They also pointed out that multiple shock factors affecting the economy, including the war in Iran, tariffs, and the rise of artificial intelligence, have made predicting interest rate changes more difficult.

Bernstein reiterated its "Outperform" rating on Figure Technology Solutions (FIGR) and maintained a target price of $67, implying about a 72% upside from the current stock price of $38.97. Figure's Q1 2026 performance was strong: loan issuance reached $2.9 billion, a year-on-year increase of 113%; adjusted revenue was $167 million, a year-on-year increase of 92%, exceeding market expectations by 6%; adjusted EBITDA was $82.7 million, with a profit margin of about 50%, slightly above market expectations. However, the GAAP diluted EPS was $0.18, about 9% below expectations, primarily impacted by $26 million in equity incentive expenses.Bernstein's analysis suggests that this performance should reshape the market's perception of Figure, as it is not a traditional credit company, but rather a "tokenization-driven capital market platform," with core profits coming from network fees and operational leverage, and it maintains a pricing model based on a 25x EBITDA valuation for 2027. Additionally, the tokenization ecosystem continues to expand: the yield-bearing security token YLDS reached $598 million (up 80% quarter-on-quarter); the balance of stock lending products was $368 million (up 79%); and the small business loan segment contributed $6 million in revenue. Figure's current stock price is still not far from the 2025 IPO issue price of $36, but there remains a significant gap from the historical high of $78.

The AI infrastructure platform B.AI has released a history of Credits consumption record optimization and compensation explanation. With the continuous upgrade of the Credits billing system and display dimensions, the platform has recently conducted a comprehensive review of historical consumption records. During this process, it was found that for certain requests made between May 1, 2026, 00:00 and May 3, 2026, 03:00 (SGT), the consumption details displayed on the front end did not fully present all cost components. This was mainly due to the underlying cache-related fees not being displayed on the page, causing users to typically only see input/output token consumption, leading to a misunderstanding of the overall Credits consumption.To address the above issues, the platform has now completed data corrections and realigned with historical records. Additionally, based on more cautious and user-friendly rules, Credits compensation will be automatically issued to affected accounts (valid for 30 days from the date of receipt) without any action required from users. Please pay attention to account balance updates. In the future, B.AI will continue to upgrade the Credits display system to further enhance long-term transparency and user experience.

According to analyst Alicharts, the estimated leverage ratio of Bitcoin on major futures exchanges has risen to about 0.26, the highest level in nearly a year, surpassing the peak in October 2025, reflecting a significant increase in traders' risk appetite.Alicharts stated that this data indicates investors are using leverage extensively and are optimistic about the continuation of Bitcoin's upward trend, showing the market's optimistic expectations for the next wave of market movements.

According to CoinDesk, Coinbase has revealed that it has integrated the trading protocol DFlow as the main trading router for its Solana ecosystem, supporting users in achieving native value exchange for spot and prediction markets on Solana.Coinbase stated that after introducing DFlow, the trading failure rate for its Solana products dropped from about 1/30 to approximately 1/250, an 8-fold decrease. At the same time, this solution has expanded the liquidity coverage, enabling small and mid-cap tokens that were previously unable to trade due to "lack of liquidity" to become tradable, and optimizing user transaction prices.

Tether announced the launch of a new generation of modular Bitcoin mining infrastructure, enhancing energy efficiency, cost control, and scalability through its self-developed high-density computing system.The solution is built on application-specific hash board modules and developed in collaboration with Canaan Inc. and ACME Swisstech, decoupling computing, power supply, and chassis structure to achieve component-level optimization and flexible upgrades. Compared to traditional integrated mining machines, this design supports on-demand expansion, replacement of individual components, and improves thermal management efficiency. Tether stated that the new system can combine immersion cooling to reduce energy consumption and operational costs while increasing system availability. This architecture also allows for dynamic adjustment of performance output in real operating environments to meet different mining site demands. This upgrade is based on the previous development results of its open-source Mining OS (MOS) and Mining SDK, marking its extension from software control to hardware design, further strengthening its autonomous control capabilities over mining infrastructure.

According to Jinshi News, Asian stock markets are expected to perform weakly when they open on Tuesday, as investors turn their attention to the earnings reports of U.S. tech giants with a total market capitalization of nearly $16 trillion. Walter Todd, president and chief investment officer of Greenwood Capital Associates, stated that the U.S. stock market has rebounded to historical highs, seemingly ignoring the ongoing geopolitical risks, mainly due to upward revisions in earnings expectations and improved market sentiment. He warned that any cracks in optimistic expectations could pose significant risks to market trends.